People in the Isle of Man are being warned about bullying tactics used by a company selling satellite system insurance over the telephone.
A number of have the Officer of Fair Trading (OFT) about intimidating tactics used by the firm.
Customers say they are being pressured into giving their financial details to sign up for the insurance which, in many cases, they might not need.
Anyone who thinks they need extra cover should get other quotes, the OFT said.
Uncompetitive warranties
The off-island company is trying to sell insurance that covers repairs after the guarantee ends.
OFT Chairman Quintin Gill said costumer should check they actually need extra insurance before deciding whether to buy cover.
“Don’t be pushed into something until you’ve had a chance to think it through and be very wary of supplying your financial details over the phone to companies that cause you any concern whatsoever,” said Mr Gill.
In 2005, the Competition Commission carried out an inquiry into the 900m a year market in the UK.
The Commission inquiry branded the sale of extended warranties “unfair and uncompetitive.”
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